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A jump in Chinese stocks has pushed the country’s main stock index into positive territory this year despite recent steep declines on Wall Street, underscoring how equity markets around the world are outstripping a US market weighed down with tariff fears.
Late on Thursday Beijing said there would be fresh measures to “boost consumption”, sending the country’s benchmark CSI 300 index 2.4 per cent higher the following day. That erased all of the losses made in mid-January, when the index had declined 5.5 per cent.
The government will announce further details on Monday but investors’ expectations helped push the CSI’s gains for the year to 1.8 per cent. That compared to a 4.4 per cent fall for the S&P.
Investors said the two-month rebound had been driven by growing hopes for China’s artificial…
